Salary Negotiation: Make More Money, Be More Valued
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Salary Negotiation: Make More Money, Be More Valued
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Re: Salary Negotiation: Make More Money, Be More Valued
#2(2012)
Re: Salary Negotiation: Make More Money, Be More Valued
#3Just to add an important caveat to the promise of the headline. When you reach a certain point, earning more money usually comes with increasing downsides. Managers at most well-run, larger companies will expect more than just your reasonable best efforts. As you move up the ladder they will demand consistent delivery of specific, tangible results. Sometimes you'll be required to achieve these results with insufficient resources or in changing circumstances beyond your control. And each year the targets will get higher.
Above a certain point, say around 80% of the total comp most employees get, the ground rules start to subtlety change. Getting results in the middle (or below) of your peer pack will no longer just mean you don't get a raise or bonus. The mantra becomes "Up or Out."
Re: Salary Negotiation: Make More Money, Be More Valued
#4Just to add an important caveat to the promise of the headline. When you reach a certain point, earning more money usually comes with increasing downsides. Managers at most well-run, larger companies will expect more than just your reasonable best efforts. As you move up the ladder they will demand consistent delivery of specific, tangible results. Sometimes you'll be required to achieve these results with insufficie…
But:
Overdelivering on expectations often just means be better than the rest of the company.
Most companies don't operate on global skill levels.
Re: Salary Negotiation: Make More Money, Be More Valued
#5Negotiation is all about leverage. More often than not leverage is on the employer side.
People look for a job because they most likely need one; unless they are in the fortunate position of working for fun and they don’t want to retire just yet.
Negotiating means you should be ready to walk away: let’s be honest … how many with their first offer at their dream job (e.g: FAANG) would be ready to walk away from it?
Unless you have very specific skills and knowledge, you are rarely in the position of bumping the numbers much.
That said, you must negotiate the first offer (usually low), then you counteroffer much higher with the goal of usually settle somewhere in the middle.
Recruiters know how to play the game.
Also, I believe everyone should have a good idea on how much they should be paid. I usually give the first number, if asked (high) I don’t see anything wrong with that.
I already know they will lowball me and then we will settle somewhere halfway.
Re: Salary Negotiation: Make More Money, Be More Valued
#6Just to add an important caveat to the promise of the headline. When you reach a certain point, earning more money usually comes with increasing downsides. Managers at most well-run, larger companies will expect more than just your reasonable best efforts. As you move up the ladder they will demand consistent delivery of specific, tangible results. Sometimes you'll be required to achieve these results with insufficie…
“Somewhere between the janitor and the CEO, reasons stop mattering.”
Re: Salary Negotiation: Make More Money, Be More Valued
#7Negotiation is all about leverage. More often than not leverage is on the employer side. People look for a job because they most likely need one; unless they are in the fortunate position of working for fun and they don’t want to retire just yet. Negotiating means you should be ready to walk away: let’s be honest … how many with their first offer at their dream job (e.g: FAANG) would be ready to walk away from it? Un…
This is why one should never look for a job and just let the job find you; and where linkedin works so damn well. In my own case I just let jobs find me and I tripled my salary in 5 years.
Re: Salary Negotiation: Make More Money, Be More Valued
#8Just to add an important caveat to the promise of the headline. When you reach a certain point, earning more money usually comes with increasing downsides. Managers at most well-run, larger companies will expect more than just your reasonable best efforts. As you move up the ladder they will demand consistent delivery of specific, tangible results. Sometimes you'll be required to achieve these results with insufficie…
Yes there's absolutely a sweet spot. The ratio of pay to stress was best like 5 years into my career. I'd absolutely go back to that level of pay and responsibility if I could.
The problem is if that's your sweet spot, people perceive that and try to push you up. It's like making it look easy to do super well is unacceptable and you must be repositioned until you struggle more.
Re: Salary Negotiation: Make More Money, Be More Valued
#9Just to add an important caveat to the promise of the headline. When you reach a certain point, earning more money usually comes with increasing downsides. Managers at most well-run, larger companies will expect more than just your reasonable best efforts. As you move up the ladder they will demand consistent delivery of specific, tangible results. Sometimes you'll be required to achieve these results with insufficie…
Really good point. I feel really lucky making the money I do with the responsibilities I currently have. But posts like this make me feel some amount of FOMO. Responses like yours add good perspective these posts seem to be missing
Re: Salary Negotiation: Make More Money, Be More Valued
#10Negotiation is all about leverage. More often than not leverage is on the employer side. People look for a job because they most likely need one; unless they are in the fortunate position of working for fun and they don’t want to retire just yet. Negotiating means you should be ready to walk away: let’s be honest … how many with their first offer at their dream job (e.g: FAANG) would be ready to walk away from it? Un…
Having multiple job offers is probably the most achievable way to negotiate for the average SWE. Its a clear signal that you can walk away to the recruiters.
It also gives you the psychological safety to be more aggressive in your negotiation.